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WERE LOCAL...WERE VOCAL...WERE FOCUSED Once you have joined the ECA you will immediately begin enjoying the benefits of a focused and specialized association. With a vision to meet the needs of the
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WERE Local stands for Withholding on Real Estate Escrow. It is a tax withholding requirement imposed on certain real estate transactions.
The buyer of real estate property is required to file WERE Local.
WERE Local can be filled out by submitting the necessary forms to the appropriate tax authorities.
The purpose of WERE Local is to ensure that proper taxes are withheld from real estate transactions.
The information that must be reported on WERE Local includes details of the real estate transaction, as well as the amount of tax withheld.
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